Demand for mineral water has increased since the spillage of 500 tonnes of phosphate in the river Nile last week, causing a fear of poisoning through the water supply.
Latest by Dahlia Kholaif
Analysts say GCC deposits beef-up foreign reserves and boost local currency
Amid fear of water poisoning following phosphate spill in river Nile, water mineral firms expect surge in demand
The investment plan will be the authority’s largest and would focus on the much-needed revamping of run down facilities
Investment Minister Ashraf Salman reveals government forecasts to state-run MENA
Holding company, announced in 2011 by Kuwait Investment Authority, hired Arab African International Bank as adviser
Imports stood at EGP 31.47bn during January, 21.2% less than the EGP 39.97bn recorded a year earlier, according to CAPMAS
The new system, expected to come into effect in eight months, will require tourists to provide a scanned copy of their passports, and their visas will be ready within three days
Approximately EGP 250m were collected in 2015: MCDR Head
The Central Bank of Egypt gave no instructions to lenders operating in the country not to replace $100 notes with smaller units when conducting transactions for clients, several bankers told the Daily News Egypt. This comes on the wake of reports carried by media outlets claiming that the CBE has ordered banks to replace $100 …
Despite growing market, countless opportunities and housing shortage, Egyptian firms unable to break ground in Gulf state
The value of the contracts handled by Egyptian contractors in Saudi is no less than SAR 1.5bn ($400bn) over the past three years
The multi-billion dollar new administrative hub started a debate among urban planners on the real price and revenue Egyptians are to make
The situation is not any better with regards to Western investors’ interest in Egypt.
The Egyptian arm of Dubai’s largest listed real estate developer Emaar Properties, filed a formal request in February to list its shares in Egypt’s bourse
Ex-chief of bourse heads real estate funds worth $250m
Step seen to further throttle waning black market
The signing took place on the third day of the Economic Summit in Sharm El-Sheikh, for a zone which, it is planned, will account for 30%-35% of Egypt’s economy in 10 years’ time.
GDP was high when 25 January Revolution took place; five steps key for sustainable development, says Allianz SE advisor
Gas output to increase by 170mn cubic feet per day by 2017
The Egyptian government is taking bold policy reforms to attract investments.
The company will build traditional and wind power plants
New investments, Memorandum of Understandings and partnership agreements signed
In an interview with Daily News Egypt, Mustafa Abdel-Wadood, a Partner at Abraaj, said the government needs to tackle the historical challenge of “dual messaging” sometimes faced by private investors.
In an interview with Daily News Egypt, the company’s CEO Alain Bejjani said his company is reviewing several opportunities in the country, whether government projects, acquisitions or real estate, especially after embarking on a five-year plan to invest EGP 18bn in the domestic market.
BG looks forward to continuing over 25 years of investments in the country
Government introduced Investment Law amendments to restore investor confidence, particularly regarding contracts with the state
GDP growth, a reduction in state expenses and a drop in global oil prices are some of these credit-positive developments.
In response to Daily News Egypt’s questions, Gamble said the Gulf state’s support to Egypt’s economy will be in the form of FDI, rather than direct payments.
Investors care for economic growth only; “obsession” over debt, value of pound, or IMF is misplaced, says El-Erian